The British central bank has emphasized its intention to move steadily to ensure that inflation continues to slow.

The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...

The Bank of England looks set to keep interest rates on hold on Thursday as it awaits signs that inflation risks are quashed, ...

The Bank of England is widely expected to keep interest rates unchanged after official figures showed Inflation in the U.K.

The U.K.’s annual rate of inflation was unchanged in August despite prices of services increasing at a faster rate, ...

Given uncertainty over the likely performance of the US economy and the Fed’s response, Mann suggested that the Bank needed ...

On Wednesday, the Fed became the latest major central bank to reduce borrowing costs, cutting its main interest by half of a ...

The Bank of England is widely expected to keep interest rates unchanged later Thursday despite a big cut from the U.S.

The U.K. pound is up 0.7% to $1.3307, its highest level against the U.S. dollar since March 2022, as traders react to news ...

The bank voted to run down its stock of British government bonds, a move that could weigh on the government's finances.

The Bank of England has maintained its main interest rate at 5%, despite a significant cut from the US Federal Reserve. This ...